May 27, 2002
A.M. Best Co. has placed the financial strength rating of “A” (Excellent) for Caliber One Indemnity Company, Wilmington, Del., under review with negative implications. The rating action follows the May 1 earnings release of Caliber One’s ultimate parent, PMA Capital …
May 27, 2002
A.M. Best Co. has placed the financial strength rating of “A” (Excellent) for Caliber One Indemnity Company, Wilmington, Del., under review with negative implications. The rating action follows the May 1 earnings release of Caliber One’s ultimate parent, PMA Capital …
May 21, 2002
The Arizona Legislature passed a bill May 16 aimed at protecting consumers who depend on structured settlements, and could become the fourth state this year to enact such a law, according to the Alliance of American Insurers. Mississippi and Utah …
May 13, 2002
Nuts & Bolts: O’Donovan & Associates Inc. is offering a program for mechanized timber harvesting—Auto, GL, Prop, Umb. Endorsements—Loggers. Available on an appointment-only basis. Dollars: Policy limits of $1,000,000, deductibles vary. Carrier: Royal & SunAlliance. Rated States Available: Ala., Ark., …
May 7, 2002
A.M. Best Co. has placed the financial strength rating of A (Excellent) for Caliber One Indemnity Company, Wilmington, Del., under review with negative implications. The rating action follows the May 1, earnings release of Caliber One’s ultimate parent, PMA Capital …
April 15, 2002
Nuts & Bolts: ChamberBiz Insurance Agency Services, a brokerage in Wilmington, Del., is offering a storage tank liability program. The company also offers coverage for pollution legal liability. Endorsements include Texas State Amendatory. Dollars: Policy limits: $1,000,000 / $1,000,000; deductibles: …
April 9, 2002
Illinois Insurance Director Nathaniel S. Shapo has obtained a conservation order against Legion Indemnity Company. The conservation of Legion was precipitated by rehabilitation orders entered in the state of Pennsylvania against two Legion Indemnity Company affiliates, Legion Insurance Company and …
March 28, 2002
CalFarm Nationwide Insurance has been ordered to pay $2.6 million to a former Sacramento resident after a jury found the company guilty of allegedly deceiving the man into relocating to California to take on a position, only to fire him …
March 25, 2002
As a result of an order issued recently by the Delaware Supreme Court, the Halliburton Company of Dallas will write-off receivables in first quarter 2002. Halliburton announced that the Delaware high court affirmed without opinion the judgement of the Court …
March 22, 2002
Democratic Nominee John Garamendi joined Calif. State Sen. Jackie Speier and consumer advocate Harvey Rosenfield on the steps of the State Capitol in Sacramento March 21 to call for a new effort to ban contributions from the insurance industry in …